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4916 Crenshaw Blvd Los Angeles, CA 90043

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For Sale
$1,890,000

Three lots totaling 22,856 sqft for sale.

Lot size:
0.17 Acres

Property Features for 4916 Crenshaw Blvd

General Information

Standard status
Active
Lot size
0.17 Acres

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Listing Contact
Emanuel Amah
Source: Corcoran

Listing Agency: VIEWPOINT MORTGAGE Listing Agent: Emanuel Amah

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Land Value Opportunity in Los Angeles

This property, offered for sale at land value, comprises three lots totaling 22,856 square feet. Zoned LAC2, the site allows for construction up to 75 feet in height, potentially accommodating a six-story building. The gross square footage could reach approximately 77,000, with a net living space of around 65,000 square feet. The location can accommodate up to 90 apartment units, potentially generating up to $225,000 per month. The property is suitable for a mixed-use development. Situated in a special opportunity zoning area of Los Angeles, the location offers significant tax benefits for long-term private investments.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.33044
Latitude
33.99837

FAQs

What type of property is this?
Commercial land - Three lots totaling 22,856 sqft for sale.
Where is this commercial land located?
The property is located at 4916 Crenshaw Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: - Large land area: 22,856 sqft across three lots.; - High-density development potential: LAC2 zoning allows for construction up to 75 ft high.; - Significant building capacity: Potential for approximately 77,000 gross square footage and 65,000 net living space.
More about this property
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